1) I think it's approximately true in the real world. If you can hire an employee who adds substantially more revenue than what their wage is, you keep hiring e

1) I think it's approximately true in the real world. If you can hire an employee who adds substantially more revenue than what their wage is, you keep hiring employees until value created by an employee is close to their wage. When discussing economy, it's good to start with understanding the situation through the lens of economic models and than look to what extent are the conclusions applicable to the real world. Using your argumentation - above you said that xyz is true in a free market, but real-world markets are not free... 2) And I specifically said that I'm assuming no dramatic improvement beyond GPT-4. The 2 misconception I supposedly have... I didn't even make that claim.